Julian Wolhardt is a chief executive officer of Dehong Capital Partners (DCP), a private equity firm based in Hong Kong.

The 44-year-old invested £1million along with Club 1872 to buy out Mike Ashley.

Prior to establishing DCP in 2017, he spent ten years at KKR, a leading global private equity firm as a Partner and Regional Leader.

Before KKR he was responsible for the China business at Morgan Stanley Private Equity Asia, worked in the Mergers and Acquisition Group of Lazard Frerers & Co. in the United States and started his career at Coopers and Lybrand.

He is a Certified Public Accountant and Certified Management Accountant.

He holds a B.S. with Honors and Bachelor’s Degree in Accounting from the University of Illinois (Urbana-Champaign) in 1995.

The Rangers chairman was delighted to welcome the new shareholder on board.

He said: “Julian’s decision to invest in Rangers is exciting for the club.

“His business background and acumen are exceptional and it is very pleasing that his scrutiny of the club and its strategy has convinced him of our financial prospects and the merits of our business plan.”

What did Julian Wolhardt have to say about becoming a Rangers shareholder?

“I am delighted to become an RIFC shareholder.

“I have a long held love for Scotland and football and I am keen to see Rangers FC unlock its considerable commercial potential.

“With the successful restructuring of the retail operations, RIFC is now on a firm financial footing and I look forward to being a part of its exciting future.”

Related Stories

ASHLEY OUT

Mike Ashley sells ALL his Gers shares to fans' group and businessman Julian Wolhardt as Dave King says club now run by 'those who care for it most'

CROSSING THE DIVIDE

Aidan McAdams says he has joined 'a massive club with a proud history' after Gers switch

DOUBLE DELIGHT?

Celtic given odds of 16/1 to be 'Invincible' next season while Rangers are 250/1 to lift the treble

DATE WITH DESTINY

First Old Firm derby of the new season revealed as new-look Rangers bid to topple Celtic's Invincibles?